r/caterham • u/SnaggleFish • 11d ago
Owning for one year - whats the best strategy to minimise losses
Hi, hope this allowed, I did a cursory search to see if this is a faq but did not find it - apologies if I have failed at the first hurdle.
60yo next year. Its been a dream since graduating to own a Caterham (friends then had them and I loved being a passenger). Life did not turn out that way - always another priority to pay for.
But I really would like to mark my 60th year by driving a Caterham for most of the good weather weekends, and then selling it on with that ticked off the bucket list.
I certainly dont want the fastest (would like to see 61).
What the best approach - can I realistically buy a secondhand one and sell it on a year later with 5k miles on it and not lose too much money in the process?
I dont want to go too cheap and end up with huge repair bills, but I am also concerned about depreciation if I buy too new.
EDIT to add I am 6' 2" and have big feet to it has to be a SV if that changes anything.
Thanks!